Question

A shopkeeper sold goods for Rs. 2400 and made a profit of 25% in the process. Find his profit percent, if he had sold his goods for Rs. 2040

• A. $6.25\%$
• B. $7\%$
• C. $6.20\%$
• D. $6.5\%$

Answer 1

The correct option is A $6.25\%$

$\text{SP}=2400,Profit\%=25$

$\text{C.P.}=\frac{\text{SP}}{(100+P\%)}\times 100=\frac{2400}{125}\times 100=1920$

$Ifsoldat2040,profit=\text{Rs.}120$

$Profit\%\Rightarrow \frac{120}{1920}\times 100=6.25$